Another Pharma Company Scheme to Stop Legalized Marijuana Emerges - InvestingChannel

Another Pharma Company Scheme to Stop Legalized Marijuana Emerges

Pharmaceutical executives who recently made a major donation to an anti-marijuana legalization campaign claimed they were doing so out of concern for the safety of children — but their investor filings reveal that pot poses a direct threat to their plans to cash in on a synthetic cannabis product they have developed.

On August 31, Insys Therapeutics Inc. donated $500,000 to Arizonans for Responsible Drug Policy, becoming the single largest donor to the group leading the charge to defeat a ballot measure in Arizona to legalize marijuana.

No surprise as to why…

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